#Ports&Shipping –The latest IMDO Weekly Market Review includes the following stories as detailed below.
Irish Shipping News: The 2015 Harnessing Our Ocean Wealth annual conference will be held in Ringaskiddy and Haulbowline in Cork Harbour on the 10th and 11th July. This follows last year's inaugural event in Dublin Castle, which outlined the significant progress made to date in implementing the Government's 2012 Harnessing Our Ocean Wealth: An Integrated Marine Plan for Ireland.
Global Maritime News: Top UK shipping experts to advise government on maritime opportunity Top UK shipping executives with plenty of international experience are to join an advisory panel set up by the government to explore future opportunities for the country's maritime industries. It is felt that the only way to fully capitalise on the study was to utilise the experience and expertise of the country's industry leaders.
Port Congestion: Port congestion has provided the containership charter market with a huge boost in rates in recent weeks, while also keeping the inactive boxship fleet at low levels. The inactive boxship fleet stood at just 1.2% of the total containership fleet, representing 225,223 teu. This is far below the levels normally recorded at this time of year, when the inactive fleet tends to balloon for the quieter winter period.
For more on each of the above and other stories click IMDO Weekly Markets Review (Week 6).
In addition to dedicated coverage on Afloat.ie's Ports & Shipping News section.